With those sort of grades the Chinese would be missing a great opportunity plus the resource is massive (30km).
If they stuff around it will open the door for somebody else.
What more could the Chinese ask for?
1/They have FIRB approval.
2/ Proven resource.
3/ Local and NSW govt support of the project.
4/ $$$$ for them.
5/ Opportunity for further investment in Aust.
6/ Jiaming have a process.
7/ JRV may have alternative process to consider.
8/ China needs nickel.
I can't find any negative other than they don't have the money or ticker to commit. IMO they will sign up. Why the hell wouldn't you.
announcement, page-23
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